What's the best Way to Attract Buyers for Memphis Real Estate

[Karl Smith]

I recently read an article that Memphis TN was an very good place for real estate investing.  I have know for at least a year that a lot of foreign investors have been looking for property in the area. I also understand that Memphis has one of the highest percentages of renters in the country. The prices are relatively low an t d rents are reasonably affordable.

As a wholesaler based in Illinois I'm trying to find the best ways to attract more investor/ rehabbers as well as some foreign investors to offer inventory to.

[Jay Hinrichs]

@Dean Letfus 

  let me add a few to your list Dean

KC,, Rochester,, INdy, St Luis , Atlanta, Philly  ( see west coast marketing companies on BP that hawk that stuff).. The hood is the HOOD end of story.. We did a large amount of bizz with Aussies for years.. the sales from there is but a trickle because they were abused so badly by Aussie and US wholesalers that again in my mind were criminal is not sociopathic in their approach and not caring.. I spent years posting on AUssie forums.. Just like BP I have nothing to sell.. ( as you know I just finance flippers US wide) but I don't have anything to sell to end users. And the horror stories abounded...

NOt sure what to make of it all. But at the end of the day the statement @Melodee Lucido 

makes about her filling a need on low end houses just does not ring genuine to me.. She knows that these investors not only are NOT going to get half of what a better property would bring but in all likelihood will loose thousands if not the entire investment over the course of the investment.. Seen it first hand to many times to count.. No one can BS me on this fact. And I know its a ra ra section for all of you guys on BP trying to sell this stuff.. from the NOn licensed agenst in LA who post on here every chance they get to the turn key companies that are flash in the pans.. there is a reason banks don't loan in these areas.

End of the day its all about money and greed and duping the poor investors who just read the blue sky BS that is bandied about on this site how your going to get rich buying and holding cash flow property and because everything is so expensive in LA you MUST come to Memphis and buy dirt cheap pieces of crap houses.  That will bleed you to death.

There is a reason there is so many low end crap houses avabliable because landlords FAIL everyday of the week. and those that promulgate these areas are FAR WORSE THAN ANY GURU THAT IS vilified on this site.

Ok so maybe I have a strong opinion on this but it is the other side of the coin that no one On BP ever talks about or if they do its all soft balls... I am sick of seeing nice investors getting hosed buying stuff form these folks they should never buy in the first place. Do you guys not realize this ruins families at your expense.